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Re: Obama's Approval Rating Drops to Lowest Ever, According to Gallup

Originally Posted by Conservative

Hasn't stopped you before so I don't believe that I am not very high on your list to respond to. Interesting how you have attacked all previous Presidents but have yet to say if you support Obama and will vote for him in 2012? What is it about his results that warrant support?

Re: Obama's Approval Rating Drops to Lowest Ever, According to Gallup

real numbers are the elite attempt to compare administrations for political purposes and actually mean very little.

If real numbers mean very little, then why are you using real numbers when talking about GDP under Obama?

And if real numbers mean very little, why did you say nominal numbers are irrelevant for any measurment?

"Nominal numbers (sometimes called categorical numbers) are numerals used for identification only. The numerical value is irrelevant, and they do not indicate quantity, rank, or any other measurement." ~ Conservative

Re: Obama's Approval Rating Drops to Lowest Ever, According to Gallup

If real numbers mean very little, then why are you using real numbers when talking about GDP under Obama?

And if real numbers mean very little, why did you say nominal numbers are irrelevant for any measurment?

"Nominal numbers (sometimes called categorical numbers) are numerals used for identification only. The numerical value is irrelevant, and they do not indicate quantity, rank, or any other measurement." ~ Conservative

Except when talking about dollars

In economics, nominal value refers to a value expressed in money terms (that is, in units of a currency) in a given year or series of years. By contrast, real value adjusts nominal value to remove effects of price changes over time.

Re: Obama's Approval Rating Drops to Lowest Ever, According to Gallup

I see, so you think it's reasonable to exclude inflation when talking about dollars. Toyou, 1988 dollars equals 2011 dollars, is that right? Because that's what you're saying.

Let me know when you convince the govt. to change the way they calculate the debt service on the debt. Reagan had debt service on 1.7 trillion more and Obama has debt service on 4 trillion more in 3 years.